SEI Investments (NASDAQ:SEIC – Get Score) had its goal value elevated by Morgan Stanley from $53.00 to $54.00 in a report launched on Wednesday morning, Benzinga experiences. Morgan Stanley at the moment has an underweight score on the asset supervisor’s inventory.
Different equities analysts additionally just lately issued experiences in regards to the inventory. The Goldman Sachs Group boosted their value goal on shares of SEI Investments from $56.00 to $63.00 and gave the inventory a impartial score in a report on Wednesday, November twenty third. TheStreet raised SEI Investments from a c+ score to a b- score in a report on Wednesday, November sixteenth. StockNews.com lowered shares of SEI Investments from a purchase score to a maintain score in a analysis report on Friday, December twenty third. Lastly, Oppenheimer lifted their value goal on shares of SEI Investments from $65.00 to $68.00 and gave the corporate an outperform score in a analysis word on Thursday, January twenty sixth. One equities analysis analyst has rated the inventory with a promote score, two have issued a maintain score and two have given a purchase score to the corporate. In line with MarketBeat, the inventory at the moment has a median score of Maintain and a median value goal of $60.20.
SEI Investments Value Efficiency
Shares of NASDAQ SEIC opened at $63.67 on Wednesday. The corporate has a 50-day shifting common value of $60.76 and a 200-day shifting common value of $56.57. The inventory has a market capitalization of $8.58 billion, a P/E ratio of 18.46, a P/E/G ratio of 1.50 and a beta of 1.01. SEI Investments has a 1 yr low of $46.30 and a 1 yr excessive of $63.97.
SEI Investments (NASDAQ:SEIC – Get Score) final posted its earnings outcomes on Wednesday, January twenty fifth. The asset supervisor reported $0.83 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.79 by $0.04. SEI Investments had a internet margin of 23.88% and a return on fairness of 26.69%. The agency had income of $456.59 million in the course of the quarter, in comparison with analyst estimates of $456.18 million. Throughout the identical quarter within the prior yr, the enterprise posted $1.03 EPS. The enterprise’s income was down 9.0% in comparison with the identical quarter final yr. As a bunch, equities analysis analysts anticipate that SEI Investments will publish 3.47 earnings per share for the present fiscal yr.
SEI Investments Will increase Dividend
The agency additionally just lately introduced a Semi-Annual dividend, which was paid on Thursday, January fifth. Stockholders of report on Monday, December nineteenth have been paid a dividend of $0.43 per share. The ex-dividend date was Friday, December sixteenth. It is a enhance from SEI Investments’s earlier Semi-Annual dividend of $0.40. This represents a dividend yield of 1.4%. SEI Investments’s payout ratio is 24.93%.
Insider Exercise at SEI Investments
In different SEI Investments information, EVP Kevin Barr bought 10,000 shares of the agency’s inventory in a transaction on Tuesday, December sixth. The inventory was bought at a median value of $62.00, for a complete transaction of $620,000.00. Following the completion of the transaction, the manager vp now owns 174,741 shares of the corporate’s inventory, valued at $10,833,942. The sale was disclosed in a authorized submitting with the Securities & Trade Fee, which is accessible by way of this hyperlink. Insiders have bought 20,100 shares of firm inventory price $1,218,585 over the past 90 days. 25.40% of the inventory is owned by firm insiders.
Hedge Funds Weigh In On SEI Investments
Quite a few institutional buyers and hedge funds have just lately made modifications to their positions within the enterprise. Baird Monetary Group Inc. grew its stake in shares of SEI Investments by 1.1% within the third quarter. Baird Monetary Group Inc. now owns 15,900 shares of the asset supervisor’s inventory price $780,000 after shopping for a further 172 shares over the last quarter. Steward Companions Funding Advisory LLC grew its holdings in shares of SEI Investments by 11.8% in the course of the second quarter. Steward Companions Funding Advisory LLC now owns 1,795 shares of the asset supervisor’s inventory valued at $97,000 after shopping for a further 189 shares over the last quarter. M&T Financial institution Corp elevated its place in shares of SEI Investments by 1.4% in the course of the third quarter. M&T Financial institution Corp now owns 16,808 shares of the asset supervisor’s inventory valued at $826,000 after buying a further 227 shares within the final quarter. Captrust Monetary Advisors raised its holdings in SEI Investments by 4.2% within the 2nd quarter. Captrust Monetary Advisors now owns 5,694 shares of the asset supervisor’s inventory price $308,000 after buying a further 230 shares over the last quarter. Lastly, Atria Investments Inc lifted its place in SEI Investments by 0.7% within the 4th quarter. Atria Investments Inc now owns 35,316 shares of the asset supervisor’s inventory valued at $2,059,000 after buying a further 247 shares within the final quarter. Institutional buyers personal 69.45% of the corporate’s inventory.
About SEI Investments
SEI Investments Co engages within the provision of funding processing, funding administration and funding operations platforms. It operates by way of the next enterprise segments: Personal Banks, Funding Advisors, Institutional Traders, Funding Managers, and Investments in New Companies. The Personal Banks phase gives outsourced funding processing and funding administration platforms to banks and belief establishments, impartial wealth advisers and monetary advisors worldwide.
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